Audit Committee

The Audit Committee is a sub-committee of the Finance Resource Committee. 

The Audit Committee, as detailed in Audit Committee Terms of Reference, assists Údarás na hOllscoile in fulfilling its oversight responsibilities, by providing independent and timely advice on areas within its remit. 

The main function of the Audit Committee is to review:

  • The significant financial reporting issues and judgements in the draft annual financial statements of the University, consolidated statements and reports.  The Committee recommeds to Údarás na hOllscoile whether they approve any accounts so reviewed by the Committee.
  • Evaluate the effectiveness of the systems of internal control, including financial, operational and compliance controls, results reporting, risk management and governance. 

The Audit Committee also recommends to Údarás na hOllscoile on the appointment of the commercial auditors, the audit fee and any questions of resignation or dismisal of the commercial auditors. 

The Audit Committee is supported in its work by the Internal Audit function which is an independent appraisal function within the University. 

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Audit Committee Membership

KPMG Handbook for Audit Committee Members